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2 years ago

True or false: Business analytics is defined as the analysis of data to better solve business problems.

Business

1 answer:

Verizon [17]2 years ago

3 0

It is true that business analytics is defined as the analysis of data to better solve business problems.

<h3>What is business analytics?</h3>

Business Analytics is the process whereby businesses use statistical methods and technologies for analyzing data to aid decision making.

The goal of business analytics are:

To determine which datasets are useful and how they can be leveraged to solve problems.
To increase efficiency, productivity and revenue.

Therefore, business analytics is defined as the analysis of data to better solve business problems.

Learn more about business analytics here: brainly.com/question/8302926

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On January 1, 2017, Marin Company purchased 12% bonds, having a maturity value of $320,000, for $344,260.74. The bonds provide t

kap26 [50]

Answer and Explanation:

The Journal entry is shown below:-

1. Debt Investment Dr, $344,260.74

To Cash $344,260.74

(Being cash paid is recorded)

2. Interest Receivable Dr, $38,400

To Debt Investment $3,973.93

To Interest Revenue $34,426.07

(Being interest received is recorded)

Fair Value Adjustment Dr, $1,713.19 ($342,000 -$340,286.81)

To Unrealized Holding Gain or Loss - Equity $1,713.19

(Being fair value adjustment is recorded)

3. Unrealized Holding Gain or Loss - Equity $7928.68

($335,915.49 - $329,700 + $1,713.19)

To Fair Value Adjustment 7,928.68

(Being unrealized loss or gain is recorded)

Working note

Book value of Interest Interest Amortization Book value

debt beginning Revenue Receivable (d = c - d) of debt

(a) b=(a × 10%) c at the end

($320,000 × 12%) (e - d)

$344,260.74 $34,426.07 $38,400 $3,973.93 $340,286.81

$340,286.81 $34,028.68 $38,400 $4,371.32 $335,915.49

8 0

3 years ago

b. Suppose that the MPC in South Pangea is 0.7. Instructions: Enter your answer as a whole number. If a South Pangean household

mylen [45]

Answer: Make $200,000 in less than two month (Send me a message if interested)

Explanation: If I told you that you could turn your spare time into a side-income online business, would you be interested?

I recently became introduced to two guys that were able to make $960,824.41 within 31 days. These guys are “anti-gurus”... they’re everyday guys. Their students have generated millions, too. And they also helped me to make over $200,000 in less than 2 months

I was able to convince them to show you how they did it on a free training event this week.

They’re sharing this for the first time and will show you how to turn your spare time into a $100,000.00 online side business.

The best part? You can do this with NO experience / technical skills.

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4 years ago

The Molding Department of Oriole Company has the following production data: beginning work process 39600 units (60% complete), s

Marta_Voda [28]

Answer:

Total equivalent units 720,240 units

Explanation:

<em>Equivalent Units E.U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.</em>

Equivalent Units = Degree of completion (%) × units

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

so we assumed that the 688,000 units were started and completed in the same period .

Item unit Equivalent unit

Completed and trans. 688,000 688,000× 100% = 688,000

Closing WIP 85,600 85,600 × 40% = <u>34,240 </u>

Total equivalent unit <u> 720,240 </u>

4 0

3 years ago

Which type of culture would most likely include characteristics such as openness, freedom, debate, and risk-taking?

adell [148]

Answer:

e. diversity-focused

Explanation:

-Ethical culture refers to a culture in which people behave according to the group of values and standards set by the organization.

-Friendly is a culture where there is a good working environment in which people are nice and kind.

-Innovative is a culture in which leaders motivate people to think differently and propose new things.

-Customer-responsive is a culture in which people focus on taking care of customer's needs.

-Diversity-focused is a culture in which the company is open to people with different backgrounds where there is freedom to offer new perspectives that allows to generate debate and people is more willing to take risks.

According to this, the answer is that the type of culture that would most likely include characteristics such as openness, freedom, debate, and risk-taking is diversity-focused.

8 0

3 years ago

For example, the sticky-wage theory asserts that output prices adjust more quickly to changes in the price level than wages do,

djverab [1.8K]

Answer:

The firm's output prices will increase, because will the firm can quickly adjusts the prices of goods to the new price level of 110, it will not have to do so with wages, since wages are fixed by a year contract.

This will result in comparatively lower labor costs with higher prices at the same time, which will likely result in more economic and accounting profit for the firm.

The opposite effect will be felt by workers, whose wage is not keeping up with inflation, meaning that their income is losing purchasing power.

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3 years ago